Address
112 Leigh Circle, Hot Springs, AR
Price
$ 399,000
Property Attributes
  • MLS#155528
  • TypeSingle Family
  • Listing Status Active
  • CountyGARLAND
  • CityHot Springs
  • AreaLakeside
  • NeighborhoodEastgate 1
  • Zip71901
  • StyleColonial
  • Year Built1974
  • Taxes$ 2887
  • Price$ 399,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3488
Data Source:
Hot Springs BOR
Property Description

Prime Destination Investment: New Orleans Estate with Rare STR Licensing ?Unlock a High-Yield Turnkey Opportunity in Hot Springs’ Most Prestigious Enclave. ?Rarely does a property combine historic architectural grandeur with the modern "gold mine" potential of a fully transferable Short-Term Rental (STR) license. Situated at 112 Leigh Circle, this 3,500 sq. ft. New Orleans-style brick estate is positioned in an elite, private neighborhood favored by the city’s top professionals. ?While currently an elegant colonial residence, this property is engineered to be transformed into a premier "Destination BnB" capable of sleeping 18+ guests. For the visionary investor, this is the ultimate luxury rental for Oaklawn’s racing season, summer lake holidays, and multi-family reunions. ?The Investment Edge: A Rare STR Asset ?In a market where STR permits have become nearly impossible to obtain, this property carries the crown jewel of ROI: a pre-existing STR license. ?The Vision: The oversized lot and sprawling floor plan are a blank canvas for a high-end hospitality conversion. Imagine a destination featuring: ?Entertainment Hub: Dedicated arcade room and professional-grade pool table lounge. ?Wellness & Leisure: A private workout suite and secluded outdoor hot tub deck. ?Capacity: Configured to comfortably host two to three families (up to 18 guests), maximizing per-night premiums. ?Logistics: Ample parking and expansive covered porches designed for large-group entertaining. ?Architectural Excellence & Layout ?New Orleans Grandeur: A striking two-story all-brick exterior topped with a signature widow’s watch, offering a stately presence that commands attention. ?The Main Level: A traditional heart featuring a site-built wood-burning fireplace, a massive open kitchen/dining combo built for catering large groups, and a dedicated home office. ?Versatile Accommodations: 4 spacious bedrooms and 3 full bathrooms, including a convenient main-floor bedroom suite. ?Refined Finishes: Solid surface countertops, custom built-ins, and a sophisticated mix of hardwood and tile flooring. ?Location: The Heart of Hot Springs Luxury ?Located within the prestigious Lakeside School District and tucked into a quiet, secure subdivision, 112 Leigh Circle offers the privacy demanded by "Doctor and Lawyer" families while remaining minutes from the action of the track and downtown. ?Whether you are looking for a stately forever home or a high-performance asset for your portfolio, this estate represents the pinnacle of Hot Springs real estate. ?Contact for Private Showing: ?Cindy Camras, Realtor Trademark Real Estate LLC Cell: 501-617-6600 Email: CindyCamrasRealtor@gmail.com Cindy C. Holds The Key To Your Real Estate Needs!

Price History
5/15/2026 Listed $425,000
6/29/2026 7$399,000

General Features

Utilities Sewer - Municipal,Water - Municipal,Electric – Entergy
Fireplaces Woodburning - Site-Built
Garage Two Car
Full Baths 3
Year Built 1974
Other Rooms Formal Living Room,Den/Family Room,Laundry Room
Subdivision Eastgate 1
Style Colonial
Stories Count Two Story
County Garland
Class RESIDENTIAL
Type Residential Single Family
Tax Year 2025
Frequency None
Status ACTIVE
Subdivision AR
Sale/Rent For Sale
Docs on File Legal Description,Lead Based Paint Disclos.,Property Disclosure,Other (See Remarks),Rental Financials
Warranty Normal Wrkng Ordr,As O&A
Primary City Hot Springs
Virtual Tour https://my.matterport.com/show/?m=EX38mZtFkud&
Directions Malvern Ave,Turn left onto Lakeside Rd. Turn left onto Leigh Circle. 112 Leigh Circle will be on your left.
City Hot Springs
School District Lakeside
DOM 124
Postal Code 71901
Price Per Sq Ft Total AG 114.39
Public Remarks Prime Destination Investment: New Orleans Estate with Rare STR Licensing ?Unlock a High-Yield Turnkey Opportunity in Hot Springs’ Most Prestigious Enclave. ?Rarely does a property combine historic

Interior Features

Interior Amenities Washer Connection,Dryer Connection-Electric,Water Heater-Electric,Smoke Detector,Window Treatments,Balcony/Loft,Built-Ins,Ceiling Fan(s),Primary Bedroom w/Bath,Solid Surface Countertops
Floors Carpet,Wood,Tile
Walls Sheet Rock
DINING AREA Kitchen/Dining Combo,Living/Dining Combo
KITCHEN EQUIPMENT Microwave,Electric Range,Surface Range,Dishwasher,Disposal,Refrigerator Stays,Ice Maker Connection
Number of Bedrooms 4

Exterior Features

Exterior Brick
Road Surface Paved
Foundation Crawl Space
Exterior Features Patio,Guttering,Hot Tub/Spa
Lot Sloped,Wooded,Cleared,In Subdivision,In City
Approx Lot Size 157x135
Approx SqFt 3488

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 71901

Price
AVG $390K
$400K
Taxes
AVG $1,822
$2,887
Year Built
AVG 1979
1974
Visits
AVG 284
74
Data Provided by Inside Real Estate®

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